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Bitcoin Hackers Steal $2.6M From Silk RoadAbstract: This paper examines the effects of the Silk Road on the global prohibition regime on the international trade in illicit drugs. Bitcoins are purchased from a Bitcoin exchanger and sent to the Bitcoin address associated with the Silk Road account. If a buyer makes a purchase on Silk Road. Silk Road showed people that bitcoin could be effectively used as a medium of exchange on an open marketplace.
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